The Department of Public Service employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking application, and roadway improvement design and construction. Project costs incurred by the operating fund are salaries, overhead, overtime, materials and other direct costs. These personnel and project expenses are budgeted within and paid from the division's operating fund, the Street Construction, Maintenance and Repair Fund. These costs can be capitalized. Doing so is consistent with earlier efforts by the Division to reimburse its operating fund when the operating fund incurred expenses more appropriate to capital improvement funding.
This ordinance authorizes the expenditure of $477,751.00 or so much thereof as may be necessary for this purpose. A portion of the costs were accrued from engineer time worked on projects from pay periods 01 through 11 of 2013.
This legislation also authorizes expenditure for he costs incurred for City Staff and equipment associated with the 2013 alley rehabilitation project. The Street Construction Maintenance and Repair Fund will then be reimbursed from Capital Funds for these expenses. It is necessary to establish funding in the amount of $358,000.00 for this purpose.
Total amount to be authorized will be $835,751.00
2. FISCAL IMPACT
Funding for this expenditure is budgeted within the Streets and Highways G.O. Bond Fund, no. 704. The 2013 revenue estimate for the Street Construction, Maintenance and Repair Fund reflects and assumes this revenue. C.I.B. amendments and funds transfers are necessary to move monies and authority to the appropriate projects.
3. EMERGENCY DESIGNATION
Emergency action is requested to allow the reimbursement of these operating expenses at the earliest possible time to make the Street Construction Maintenance Repair Fund whole.
Title
To authorize the Director of Public Service to expend $835,751.00 or so much thereof as may be necessary to reimburse t...
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